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Nova Racing Transmissions Limited

02438157

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

UNIT 12 STAR INDUSTRIAL ESTATE, HORSHAM, RH13 8RA
Incorporated 31/10/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products
28150
Manufacture of bearings, gears, gearing and driving elements

Officers

Mr Jeffrey John Claridge

director · Since 19/09/2013

DESIGNER

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Mr Daniel Richard Vaughan

director · Since 10/05/2019

ENGINEER

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Jeffery John Claridge

75–100% shares

British · England · Age 57

Unit 12, Star Industrial Estate, Horsham, RH13 8RA

Notified 03/01/2019

Former PSCs

Mr Martin Douglas Ford-Dunn

Ceased 01/05/2019

Charges2 outstanding

charge
outstanding

CENTURY STAR LIMITED

Created 04/12/2012Registered 11/12/2012
charge
outstanding

LLOYDS BANK PLC

Created 16/02/1993Registered 22/02/1993

CompanyRankvs 493+ SIC 25990 peers
74

Financial strength89th percentile among SIC peers · 22/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 10.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£877k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.3M

Current Liabilities

£121k

Fixed Assets

£110k

Debtors

£143k

10avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Signed by 2023-11-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202410.73+£124k
20239.59+£294k
20225.41+£265k
20215.77+£164k
20204.87+£38k
20193.78

Derived from filed accounts. Not audited figures.